The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-12-08
THE HARPER TRIAL.
Further Testimony in the
Famous Case.
TIE SENSATION OF THE DAY.
The Banging Law-The Site Chosen
An Annotated Charge-Russia's
qntention-MisceIlan
The Harper Trial.


CIEcIEyATI, December TAT the
Harper trial, this morning, Eckert, oil
Wiltshire, Eckert & Co., was recalled to
give additional testimony Oh the points
upon which he was preViousiyexamined.
Hinch, assistant receiving teller, was
then pat on the stand and examined in
the same line. He, as heretofore, fol-
lowed concerning the transactions of
Harper as shown by the books.
In the Harper trial, to-day, Howard
Eckert was asked to identity certain
checks of his firm which he did, as fol-
lows: Pamlee & Brine, $95 600; Wright
Il Co SIC, 800; Poole & Sherman, $l0,-
800; Mcfarland g. Co., $36 900; Crosby
& Co., SIS 600; Resented 81 Co., 1884,
coo; Fleming & Boyden, $S6 900, making
N all 81 ,472 900.
Maurice Rosenfeld, of Chicago, testi-
fed concerning his dealings with
Wiltshire, Eckert & Go. He recognized
AccOants current.with them for theipur-
chase of about 500, 900 bushels of wheat.
His house received $3.50 900 in money.
The sensation of the day was the tes-
timony Of Frank NJ. Hayes, an expert
who had been sent here by the govern
ment to assist in the prosecution of the
case. He said he was an expert &C
countant, and had about ten
years experience in banks, III
cashier; he had made careful examina-
ton of the books of the Fidelity Ma
tional Bank, of the First National
Bank. of New York, and Of the Chem
zeal National Bank, so far as they re-
late to the dealing with Harper and the
Fidelity Bank. He had also examined
the accounts of Irwin, Green & Co.,
and G. J. Kershaw & Co., with refer
ence to their dealings with Harper and
the Fidelity National Bank. He said
ne found charge ticket at the
Fidelity. one of 100000, credit to E.
L. harper, and a charge against the
FirstEauonal Bank of New York, and
another of the same kind, and third
for 800 600. Then, on March II, there
was one crediting Harper with $500 900,
and charging the Chemical National
Bank OF New York, with the same
amount. From his examination of the
books of the First National Bank, he
found 10 such credits or charges, and
no money subject to the draft of the FL
deity Bank. In the case of the Chemical
National Bank, the Fidelity had credit
there BY reason of certificates of deposit
forwarded to them, but that the certifi-
cate entered IN the books of the Fidelity
and the First Natianal had two &C.
counts with the Fidelity; one showed
credits &c the Fidelity. the other over
drafts. By reference to both. it appears
that the Fidelity had to its credit March
/, 1887. but 1000. One of the accounts
at that time showed a credit OF 5000 900.
The other showed oVerdrafts to the
amount of 100000. On April 1st, these
two accounts were consolidated, when
there was S5,832 to the credit of
the Fidelity on the books of the First
National Bank Of New York. On April
30th, there was to the credit of the
Fidelity $400 900 on the books of the
First National of New York, by reason
of two certificates of deposit for $780,
900 each: but these certificates of deposit
we're not entered on the Fidelity's
books. Previous to this time Harper
was credited with $400, 900, and thus the
books of the two banks were made to
agree. Turning to the Chemical Ma
tionSl Bank, he said their books showed
that the Fidelity had credit Of a $780,
900 marked loan, indicating that the
Fidelity had borrowed that amount;
but on the Fidelity's books there is
nothing to indicate the loan. Instead,
a certificate of deposit tor $300,00 is
issued, and the stub is marked can
cened. Mr.. Hayes then traced from
day TO day how Hsrper's credits had
been exhausted by drafts, etc., and that
all went to persons interested in the
wheat deal. The showing was minute
and in detail. He followed out the en-
tire $500 900 in this way, showing that
of this sum there remained to his
credit Gu March 18th, but 1871 20.
Returning to the First National, he said
the draft record showed draft By the
Fidelity on the First National for $780,
600. The First National never paid that
draft. but Harper's account in the
Fidelity, is charged, April 18th, with
$4,000, and this made the books
agree. The witness stated that two
drafts, drawn April 18th and Both, for
500, 600 each, were not entered on the
Fidelity's books until June 18th, al
though one of them was paid in New
York, oG May 4th. Hayes then took
up the accounts of Irwin. Green 81 Co.,
and stated that the Fidelity's books did
not STOW such credits to their accounts
as the letters of advice indicated.
Irwin, Green j. Co., credited Hoyt
with $40, 600; all this, except S2,962,
was drawn out by Harper's checks.
There was no entry of the letters of
credit to Hoyt, amounting to $2S5 900,
until June 18th to 18th. c. ]. Kershaw
& Co. we're advised by four letters OF
credit that HOyt had deposited to their
credit 500 900. Kershaw's books credit
Harper with four amounts, $50 600
each, corresponding in date to the let.
tiers OF credit. The witness went On to
show that this 5000, 900 was absorbed in
the wheat deal. There was really but
$76l actually put to the credit of Ker-
shaw in the Fidelity Bank. Harpers
attorneys made no effort to obscure the
light being thrown OIL their clients
transactions by this witness.